1627 Brickell Ave APT 1401MiamiFL33129
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1627 Brickell Ave APT 1401, Miami, FL, 33129 in Miami. Priced at $950,000, it generates $8,773/mo in gross rent and $2,469/mo in net monthly cash flow, a 11.08% yield that comfortably supports the 2.05 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $29,626. Five-year appreciation: $262,467. Equity from principal paydown: $8,750/yr. Total projected cumulative return: $520,935.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.8% |
| Monthly Cash Flow | $2,469 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,773 |
| Total Monthly Debt Service | $5,926 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices